Luge Capital Announces $71 Million First Close of Second Fund
- 7 months 2 weeks ago
- Investment
Luge Capital today announced that it has raised CA$71 million in the first close of its second fund, Luge Capital Fund II, towards an ultimate fund size of $100 million.
Clip Money Inc. Closes Strategic Investment led by Cardtronics, Inc.
- 7 months 2 weeks ago
- Investment
Clip Money Inc., a company that operates a multi-bank self-service deposit system for businesses, is pleased to announce the closing of a non-brokered private placement of 28,596,826 common shares in the capital of the Company (the “Common Shares ”) at a price of CDN$0.23 per Common Share (the “Equity Price”) for gross proceeds of approximately US$4,900,000 (the “Equity Financing”).
British Business Investments Announces a £15M Follow-on Investment into Universal Leasing Limited
- 7 months 3 weeks ago
- Investment
British Business Investments today announces a £15m follow-on investment into North-West-based Universal Leasing Limited. The investment, which follows an earlier £12m commitment made to Universal Leasing in 2018, allows the company to further increase its support for smaller businesses. The transaction will be structured as a block discounting facility that will allow Universal Leasing to provide funding support to smaller businesses looking to... more
Safexpay Ventures into Saudi Arabia, Oman, and Qatar; Pledges USD 8-10 Million Investment in Digital Payments Ecosystem
- 7 months 3 weeks ago
- Investment
Safexpay, a leading digital payments company, announces the expansion of its tailored suite of payment solutions in three key GCC (Gulf Cooperation Council) countries- Saudi Arabia, Qatar, and Oman to cater to the unique needs of businesses and consumers in the region. This strategic move represents a significant step forward in Safexpay's mission to reshape the future of payments, solutions and foster innovation in these dynamic Middle Eastern... more
Visa Invests in Form3 with a Focus on Reducing Fraud and Increasing Operational Efficiency in Real-time Payments
- 8 months 5 hours ago
- Investment
Form3 today announces that Visa, a world leader in digital payments, has invested in the cloud-native account-to-account platform, which will help Form3 continue its expansion. This funding is in parallel to news that Form3 will provide Visa’s clients with access to their best-in-class payments platform, to enable them to modernise their payments infrastructure.
Amplifi Capital Secures £100M Warehouse Securitisation from NatWest
- 8 months 8 hours ago
- Investment
Amplifi Capital secures a private securitisation warehouse, with a facility of up to £100m from NatWest to drive the expansion of Reevo Money.
The Financial Investment Expo
- 8 months 1 day ago
- Investment
2023 The Financial Investment Expo is a major event for the fintech and financial investment industry around the world. It is a comprehensive platform designed for global forex companies and investment and financial institutions to display their corporate image, expand brand influence, promote financial products and expand market share. At the same time, it also builds a new financial investment service platform for global and Southeast Asia... more
British Business Investments Announces £20M Tier 2 Facility with DF Capital
- 8 months 4 days ago
- Investment
British Business Investments today announces a new £20m Tier 2 facility for DF Capital. This investment will help DF Capital provide an additional £300m+ of new lending per annum, to existing and new UK SME vendors and dealerships.
Unveiling the Future of Investments: DDC’s 360° Investors Summit - Europe & The Middle East
- 8 months 6 days ago
- Investment
DDC Financial Group’s awaited flagship event entitled “360° DDC Investors Summit - Europe & the Middle East” is all set to be the premier NPL event of the year, taking place on November 16-17, 2023, at the beautiful Divani Apollon Palace & Thalasso in Athens, Greece. The summit is designed to connect active investors and professionals in distressed investing, non-performing loans, and REOs from across Europe and The Middle East. Plenty... more
British Patient Capital Announces £20m Commitment to Connect Ventures’ Fourth Fund
- 8 months 1 week ago
- Investment
British Patient Capital announces today a £20m commitment to Connect Ventures Fund IV, the firm’s fourth fund, which has closed at $80m with a final close to come later this year. British Patient Capital is joining other existing investors including De Agostini, Big Society Capital, Top Tier and Molten Ventures. The investment follows a cornerstone commitment by British Patient Capital to Connect’s third fund in 2020.
British Business Investments Commits £30M to Panoramic SME III Fund
- 8 months 1 week ago
- Investment
British Business Investments today announces it has committed £30m to the Panoramic SME III fund as part of a final close of £100m. This commitment will allow Panoramic to fund growth opportunities and management transitions for smaller businesses across the UK.
Reward Provides £8.3m of Funding to SMEs in First Year of Launching in Scotland
- 8 months 2 weeks ago
- Investment
Reward Finance Group has helped boost Scotland’s economy by providing £8.3m of funding to SMEs in the first 12 months of launching north of the border. Having experienced unprecedented growth, the SME lender has supported Scottish businesses operating across a diverse range of sectors and is looking to further build on its success by expanding its team internally and further developing its commercial finance broker network in the year ahead.
British Business Investments Announces £20M Tier 2 Facility with Cambridge & Counties Bank
- 8 months 2 weeks ago
- Investment
British Business Investments today announces a new £20m Tier 2 capital facility for Cambridge & Counties Bank Limited. Funds raised from the facility will enable Cambridge & Counties Bank to increase its volume of competitive lending to smaller businesses over and above levels it might have otherwise been able to provide.
InvestEU: EIF and Lithuania’s SME Finance to Deliver €40 Million in New Financing for Businesses in the Baltics and Beyond
- 8 months 2 weeks ago
- Investment
The European Investment Fund (EIF) and Lithuania’s SME Finance have signed a guarantee agreement under the InvestEU programme to facilitate more than €40 million in new financing in the form of loans, leases and factoring for micro and small enterprises and small mid-caps in the Baltics, Finland and the Netherlands.
Impact Funds Battling Elevated FX Risks, Warns Ebury Institutional Solutions
- 8 months 3 weeks ago
- Investment
Currency volatility could be significantly damaging the returns and investment potential of impact funds as well as other alternative investors deploying capital across Frontier Markets according to Ebury Institutional Solutions (EIS). While impact funds are sitting on an estimated $73 billion of dry powder1 and there may be many exciting investment opportunities, there are also myriad risks and complicating factors throughout the investment... more
